Treasurys Stall After Debt-Ceiling Vote

Treasurys showed little direction, ending the session flat as lawmakers worked on suspending the U.S.'s debt cap so the country can continue to borrow and pay its bills.

The bill, approved by the House of Representatives, would shelve the U.S.'s legal debt ceiling until May 19. Afterward, the borrowing limit would adjust to where the new debt load stands. This proposal is expected to pass through the Senate easily in the coming days,...